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Nov 8, 2012
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that's on top of the 650,000 people still without power from sandy last week. today's storm has also forced the cancellation of nearly 1,500 flights in the northeast, with newark airport in new jersey facing the most cancellations. >> susie: boeing showed today how it's preparing for the so- called "fiscal cliff": it's restructuring its defense business, big time. as the pentagon's largest supplier, boeing said it is slashing management jobs by 30%, consolidating business units and closing some defense facilities in california. boeing hopes to cut costs by more than $1.5 billion over the next two years. >> susie: boeing shares got caught up in the market downdraft, tom, falling 2%, and it had plenty of company. all 30 of the dow components were in the red today. >> there was a lot of red on the screen this post-election day. in europe, and also earnings, all getting mixed in here. let's get under way with tonight's market focus. >> tom: stocks dropped right from the opening bell today as investor focus shifted beyond election day. the s&p 500 opened down, and f
that's on top of the 650,000 people still without power from sandy last week. today's storm has also forced the cancellation of nearly 1,500 flights in the northeast, with newark airport in new jersey facing the most cancellations. >> susie: boeing showed today how it's preparing for the so- called "fiscal cliff": it's restructuring its defense business, big time. as the pentagon's largest supplier, boeing said it is slashing management jobs by 30%, consolidating business units...
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Dec 11, 2012
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both the creek and the canal overtop their banks when sandy's storm surge reached them. the water lapped on to sidewalks and poured into buildings nearby. here in the green point neighborhood the newtown creek is less than a quarter mile away. one of new york's biggest sewage treatment plants, which was also in the flood zone, is just around the corner. resident jacqueline lomb barred says water poured into her house from both directions. >> the evening that sandy hit, we were hit with an eight-foot storm surge. that basically flooded my basement up through the ceiling and my landlord's basement here up through their first floor. so it was a very smelly noxious mix. >> reporter: the flood waters drained out of lomb barred's basement imikly but left a lot of muck behind. >> there was a lot of silt, a lot of mud, a lot of debris. sewage that flowed in and then flowed out. and the residue was left. >> reporter: the flood left residue in this person's waterfront furniture workshop too. >> there was an oily sheen, a slippery feel to everything. i saw a good number of things t
both the creek and the canal overtop their banks when sandy's storm surge reached them. the water lapped on to sidewalks and poured into buildings nearby. here in the green point neighborhood the newtown creek is less than a quarter mile away. one of new york's biggest sewage treatment plants, which was also in the flood zone, is just around the corner. resident jacqueline lomb barred says water poured into her house from both directions. >> the evening that sandy hit, we were hit with an...
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Dec 18, 2012
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two of the 20 first graders killed at sandy hook elementary. townspeople are still reeling. >> really sad. i didn't want to go back to work today. it hit me hard because i got two kids too. the same age that happened to these kids. it really hit hard, like a parent, like a dad. >> suarez: a somber weekend had concluded with last night's vigil at newtown high school about a mile away from the scene of the killings. ( applause ) police and emergency personnel got a standing ovation as they entered the auditorium. president obama met privately with the victims' families before addressing the shaken crowd. >> i can only hope it helps for you to know that you're not alone in your grief. that our world too has been torn apart, that all across this land of ours we have went with you. we pulled our children tight. and you must know that whatever measure of comfort we can provide, we will provide. whatever portion of sadness that we can share with you to ease this heavy load, we will gladly bear. newtown, you are not alone. >> suarez: the weekend also b
two of the 20 first graders killed at sandy hook elementary. townspeople are still reeling. >> really sad. i didn't want to go back to work today. it hit me hard because i got two kids too. the same age that happened to these kids. it really hit hard, like a parent, like a dad. >> suarez: a somber weekend had concluded with last night's vigil at newtown high school about a mile away from the scene of the killings. ( applause ) police and emergency personnel got a standing ovation as...
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Nov 29, 2012
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like the rest of the nation, gas is actually cheaper now than before superstorm sandy. a month ago, superstorm sandy shut down refineries in the northeast, delayed oil shipments and left many gasoline stations without power. in some hard hit areas, prices spiked more than ten cents a gallon. but now, the situation has drastically improved here and around the country. regular unleaded costs an average of $3.42 nationwide. that's 12 cents below where it was a month ago. but drivers are still paying about 12 cents more for gas today than a year ago. a big reason is escalating middle east tensions. >> anytime you have that kind of conflict in the middle east, whether it's the israelis or the egyptians, the syrians, it really the disruption of flow, you know. any time you get a problem in the gulf, it's really going to hinder oil prices. >> reporter: if the recent cease-fire between hamas and israel in the gaza strip holds, many think prices at the pump will drift lower. it also helps that u.s. refineries are producing ample supplies of gasoline. a.a.a. expects regular unlea
like the rest of the nation, gas is actually cheaper now than before superstorm sandy. a month ago, superstorm sandy shut down refineries in the northeast, delayed oil shipments and left many gasoline stations without power. in some hard hit areas, prices spiked more than ten cents a gallon. but now, the situation has drastically improved here and around the country. regular unleaded costs an average of $3.42 nationwide. that's 12 cents below where it was a month ago. but drivers are still...
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Nov 10, 2012
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>> not that it froze the race but 42% of the electorate said that hurricane sandy was a factor or a small factor in their decision and obama carried them handily. i think it goes back if you're talking about the economic question. this economy was not so bad that it guaranteed that the president was going to lose. political scientist that i guys are writing about the unemployment rate being at a historically high level for someone to try to get re-elected or that the growth rates are lukewarm, anemic but in reality it was enough not to guarantee election but to get him over the top. and if you look at the exit polls again, he did not lose the economic argument. he didn't win it decisively but governor romney didn't win it decisively. gwen: we promised you that there would be truth and consequence. first up, for the president and the house speaker as the government faces mandatory year end spending cuts and tax hikes, let's make a deal. >> i don't want to box myself in. i don't want to box anybody else in. i think it's important for us to come into agreement with the president but this is
>> not that it froze the race but 42% of the electorate said that hurricane sandy was a factor or a small factor in their decision and obama carried them handily. i think it goes back if you're talking about the economic question. this economy was not so bad that it guaranteed that the president was going to lose. political scientist that i guys are writing about the unemployment rate being at a historically high level for someone to try to get re-elected or that the growth rates are...
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Dec 19, 2012
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is to make sure that they are safe and happy. >> suarez: sandy hook itself remains closed. plans call for its students to be sent to a now vacant school in nearby monroe, but it was unclear when. back in washington, a string of democratic members of congress took to the house floor calling for new gun legislation. >> thank you, mr. speaker. we need to pass bold, necessary, overdue gun control legislation. if we do not, this will happen again. >> 20 innocents and their six teachers. more tears. more burials. but will we heed its meaning? will we break the gun lobby's spell? >> suarez: outside the capital, the head of the brady campaign to prevent gun violence said sandy hook has altered the political equation on guns. >> they say friday's horrific mass shooting at sandy hook elementary school changed everything. and it has. it is a tipping point. >> suarez: and white house spokesman jay carney announced president obama will back a push for new legislation. >> he is actively supportive of, for example, senator feinstein's stated intent to revive a piece of legislation that wo
is to make sure that they are safe and happy. >> suarez: sandy hook itself remains closed. plans call for its students to be sent to a now vacant school in nearby monroe, but it was unclear when. back in washington, a string of democratic members of congress took to the house floor calling for new gun legislation. >> thank you, mr. speaker. we need to pass bold, necessary, overdue gun control legislation. if we do not, this will happen again. >> 20 innocents and their six...
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Nov 30, 2012
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the impact super-storm sandy has had on the job market seems to be dissipating. 23,000 fewer americans filed for first-time unemployment benefits during thanksgiving week compared to a week earlier. the total was 393,000. it had jumped to over 400,000 in the weeks following the storm. still, we saw just modest gains on wall street today-- the dow rose 36 points, the nasdaq was up 20, and the s&p 500 added six. >> tom: the roster of companies announcing special one-time paydays for their shareholders continued growing today. taxes on stock dividends are currently set at 15%. but with no deal on the fiscal cliff, dividends will be taxed like regular income, meaning they could go up to over 40% for some high-income households. we spoke with larry mendelson, the chairman and c.e.o. at avionics gear maker heico, which announced its own special dividend this week. larry, thank you for joining us, we appreciate it. what role did the fiscal cliff play in heico decision to paid fiscal dividend. >> i think the fiscal cliff was very important. and moreover the threat to increase taxes in 2013, ta
the impact super-storm sandy has had on the job market seems to be dissipating. 23,000 fewer americans filed for first-time unemployment benefits during thanksgiving week compared to a week earlier. the total was 393,000. it had jumped to over 400,000 in the weeks following the storm. still, we saw just modest gains on wall street today-- the dow rose 36 points, the nasdaq was up 20, and the s&p 500 added six. >> tom: the roster of companies announcing special one-time paydays for...
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Dec 7, 2012
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president o blamea-- obama will ask congress for $50 billion for hurricane sandy. they announced it today in a statement the money is to help rebuild road, tunnels and assist thousands of people forced from their homes. those are those are some of the day's major stories. now, back to judy. >> woodruff: the u.s. supreme court announced today that for the first time in its history it would review the contentious issue of same-sex marriage. for more on the story we turn to margaret warner. >> warner: the justices agreed to hear arguments in two cases: one is california's constitutional ban on same-sex marriage, adopted by voters as referendum proposition 8. it was challenged on grounds that gay citizens have the same constitutional right to marry as heterosexuals. the justices will also review a provision of the federal "defense of marriage act" or doma that deprives legally married gay couples of federal benefits that are available to heterosexual couples. same-sex marriage is legal or will be soon in nine states and the district of columbia. but 31 states have amen
president o blamea-- obama will ask congress for $50 billion for hurricane sandy. they announced it today in a statement the money is to help rebuild road, tunnels and assist thousands of people forced from their homes. those are those are some of the day's major stories. now, back to judy. >> woodruff: the u.s. supreme court announced today that for the first time in its history it would review the contentious issue of same-sex marriage. for more on the story we turn to margaret warner....
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Nov 7, 2012
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its arrival came just over a week after hurricane sandy battered the region. police cars in new york city patrolled low-lying neighborhoods, urging people to evacuate again. the approaching nor'easter brought a wintry mix of cold and snow and possibly, minor flooding in already damaged coastal areas. new york mayor michael bloomberg: >> we haven't and won't order the kind of large scale evacuation we ordered in advance of hurricane sandy but if you are experiencing significant flooding during sandy you should consider taking shelter with friends and family at a safer spot or using one of the city's storm center shelters. >> sreenivasan: in new jersey, thousands of storm-weary people braced for their brush with the new storm, even as cleanup efforts continued from "sandy". governor chris christie suggested it was a little like the biblical plagues. >> when i finally got that final kind of, forecast that i got last night, i said i'm waiting for the locusts and pestilence next, you know. >> sreenivasan: the storm could also bring wind gusts of 65 miles an hour--
its arrival came just over a week after hurricane sandy battered the region. police cars in new york city patrolled low-lying neighborhoods, urging people to evacuate again. the approaching nor'easter brought a wintry mix of cold and snow and possibly, minor flooding in already damaged coastal areas. new york mayor michael bloomberg: >> we haven't and won't order the kind of large scale evacuation we ordered in advance of hurricane sandy but if you are experiencing significant flooding...
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Dec 14, 2012
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we'll ask b.m.o asset management's sandy lincoln. he's this week's "market monitor" guest. and why a new program to help student loan borrowers could mean a big win for high earners with graduate degrees. >> its medical marijuana business is a $2 billion a year industry already. it's projected to more than quad are you nell the next four years. but now colorado and washington state residents can use marijuana without a doctor's permission. while they are still breaking federal law, what impact could these new state laws have on the medical dope business? we have more of our recent conversation with tripp keber, c.e.o. of medical marijuana products maker dixie elixirs. >> you are looking at a $300 million in denver going to in excess of $600 million, this is about taxes, this is about jobs. the state of colorado we paid into a state coffers as an industry over $50 million in taxes, licenses and fees. we employ as an industry directly over 10,000 people in the state. and so there are not many states that can afford to turn a blind eye to that. so i certainly believe in the st
we'll ask b.m.o asset management's sandy lincoln. he's this week's "market monitor" guest. and why a new program to help student loan borrowers could mean a big win for high earners with graduate degrees. >> its medical marijuana business is a $2 billion a year industry already. it's projected to more than quad are you nell the next four years. but now colorado and washington state residents can use marijuana without a doctor's permission. while they are still breaking federal...
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Dec 19, 2012
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. >> ifill: instead, in the wake of the massacre at sandy hook elementary school, mr. obama said, "this time, the words need to lead to action" on gun violence. >> the vast majority of responsible law abiding gun owners would be some of the first to say that we should be able to keep an irresponsible law breaking few from buying a weapon of war. i'm willing to bet that they don't think that using a gun and using common sense are incompatible ideas. there is a big chunk of space between what the 2nd amendment means and having no rules at all. >> reporter: to that end, the president announced vice president biden and an administration team will craft recommendations on everything from gun laws to mental health, to be sent to congress by january. >> this is not some washington commission. this is not something where folks will be studying the issue for six months and publishing a report that gets read and then pushed aside. this is a team that has a very specific task-- the pull together real reforms right now. >> ifill: the president bristled at a suggestion that he took
. >> ifill: instead, in the wake of the massacre at sandy hook elementary school, mr. obama said, "this time, the words need to lead to action" on gun violence. >> the vast majority of responsible law abiding gun owners would be some of the first to say that we should be able to keep an irresponsible law breaking few from buying a weapon of war. i'm willing to bet that they don't think that using a gun and using common sense are incompatible ideas. there is a big chunk of...
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Dec 5, 2012
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before hurricanes thomas last year, isaac in august and recently sandy. each storm brought a grim reminder of yet one more ever-present disaster: the deadly cholera epidemic that started ten months after the quake. at the cholera ward of saint luke's hospital just outside the capital port-au-prince, this doctor says since hurricane sandy admissions have doubled from 20 to 40 patients each day. >> most of the new cases are coming from further up the hill in places where we had not seen them before. i'm not positive but perhaps the wells there have been contaminated. >> reporter: experts believe cholera was brought here by u.n. peacekeepers. untreated sewage from this base flowed into a tributary of the river, the major source of water for both washing and drinking. cholera is spread by fecal-oral contact. two years on 200,000 patients have been sickened, 750 d 7,500 have died from diarrhea and fluid loss. each flood brings more contaminated water, more cases. the epidemic prompted massive relief efforts and public campaigns. on the streets and in classroom
before hurricanes thomas last year, isaac in august and recently sandy. each storm brought a grim reminder of yet one more ever-present disaster: the deadly cholera epidemic that started ten months after the quake. at the cholera ward of saint luke's hospital just outside the capital port-au-prince, this doctor says since hurricane sandy admissions have doubled from 20 to 40 patients each day. >> most of the new cases are coming from further up the hill in places where we had not seen...
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Dec 21, 2012
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but what if, when adam lanza started shooting his way into sandy hook elementary school last friday, he had been confronted by qualified armed security? will you at least admit it's possible that 26 little kids, that 26 innocent lives might have been spared? is that so abhorrent to you that you would rather continue to risk the alternative? i call on congress today to act immediately to appropriate whatever is necessary to put armed police officers in every single school in this nation, and to do it now, to make sure that blanket of safety is in place when our children return to school in january. the nra is going to bring all of its knowledge, dedication and resources to develop a model national school shield emergency response program for every school that wants it. from armed security to building design and access control to information technology to student and teacher training, this multi-faceted program will be developed by the very best experts in their fields. >> suarez: we get a response to the nra's comments now. it comes from mark glaze, the director of mayors against ille
but what if, when adam lanza started shooting his way into sandy hook elementary school last friday, he had been confronted by qualified armed security? will you at least admit it's possible that 26 little kids, that 26 innocent lives might have been spared? is that so abhorrent to you that you would rather continue to risk the alternative? i call on congress today to act immediately to appropriate whatever is necessary to put armed police officers in every single school in this nation, and to...
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Apr 27, 2012
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>> well, i mean just as sandy is saying, you have to underline the fact that out of the pro profit-- for profit colleges it they are producing almost 50% of all the people that default on their loans even though is a much smaller percent of actual students. so any college that has tuition that doesn't match the outcomes that they are able to promise the students is really putting students in a serious bind. >> brown: so follow-- some, trying to pars this, anya, some people are getting, are sort of forced into these situations and some people are kind of getting themselves into the situation. >> how do we think this true? >> well, it's a very tricky mat tore try to assign blame here. we're talking about 18-year-olds who are making lifetime decisions, right. so the question is, is the major are you choosing at the institution you are choosing, is that going to be adequate to pay for the loans that you are taking out? and you know, a very easy example to take is law students and medical students, each of them borrow on average $100,000 to go to school but they are going into a very high
>> well, i mean just as sandy is saying, you have to underline the fact that out of the pro profit-- for profit colleges it they are producing almost 50% of all the people that default on their loans even though is a much smaller percent of actual students. so any college that has tuition that doesn't match the outcomes that they are able to promise the students is really putting students in a serious bind. >> brown: so follow-- some, trying to pars this, anya, some people are...
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Dec 11, 2012
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last month, the country created 146,000 jobs, exceeding expectations in the wake of hurricane sandy. further progress will be tested as the fiscal cliff deadline approaches without a deal inside yet. i'm very pleased to have jeff immelt back on this program. welcome >> charlie, thanks, good to be back with you. >> rose: we've talked many times about g.e. since you took over, i think once since -- just after 2001. where is the company today in terms of where do you want it to be and where do you want it to be in the next five years? >> i think, charlie, what we've tried to do is simplify the portfolio into infrastructure and financial services. we like where the portfolio is today. we think in the infrastructure space there's going to be roughly $4 trillion spent each year, so it's an attractive big market. globally is where our opportunities are so the company's -- probably a decade ago 30% of our revenues were outside the united states. now it's more like 60% or 65%. so we think we've got the portfolio we want. we've dramatically increased the amount of technology. and in the end i
last month, the country created 146,000 jobs, exceeding expectations in the wake of hurricane sandy. further progress will be tested as the fiscal cliff deadline approaches without a deal inside yet. i'm very pleased to have jeff immelt back on this program. welcome >> charlie, thanks, good to be back with you. >> rose: we've talked many times about g.e. since you took over, i think once since -- just after 2001. where is the company today in terms of where do you want it to be and...
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Nov 30, 2012
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support helps keep programs like ours on the air.rd program lost thousands of books after hurricane sandy last month. >> brown: finally tonight, the college football season is reaching a climax of rivalries and conference championship games and its basketball season is now underway. but much of the action in college sports these days is away from the field or the court, as schools change affiliations and leagues. in the last 18 months some 30 colleges have made moves. among the most prominent, the university of louisville's departure from the big east to join the atlantic coast conference or a.c.c. and two eastern schools headed to the big ten, traditionally a midwest-based conference: the university of maryland is leaving the a.c.c. and rutgers is departing from the big east. what's going on? sportswriter and author john feinstein joins me now. john, first of all, for the uninitiated, explain the role of these conferences traditionally. how do they work and how do they divide up the college world? >> well, jeff, conferences were designed initially to take schools that were together geogr
support helps keep programs like ours on the air.rd program lost thousands of books after hurricane sandy last month. >> brown: finally tonight, the college football season is reaching a climax of rivalries and conference championship games and its basketball season is now underway. but much of the action in college sports these days is away from the field or the court, as schools change affiliations and leagues. in the last 18 months some 30 colleges have made moves. among the most...
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Dec 31, 2012
12/12
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the specific story of hurricane sandy which obviously affected millions of people and really caught the public's imaginationment but it didn't end. coverage of other hurricanes h there is a beginning, a middle and an end. the fact is what sandy did or seems to have done is to take the idea of climate change from an abstraction, something that scientists and experts debated, to something that millions of people along the east coast and in manhattan and staten island and the other boroughs in new york city experienced for themselves and it started a debate. we don't know obviously what the long-term consequences are, but it does suggest there is something different about this story and its long-term implications. >> woodruff: and it's interesting, michael, because we've had big storms in this country before. >> sure. >> woodruff: but there was something different about this one? >> i think people are getting a little more alert to it politically. and one thing that historians of the future do is if something terrible happens, if climate change over the next 50 years or so achieve great in
the specific story of hurricane sandy which obviously affected millions of people and really caught the public's imaginationment but it didn't end. coverage of other hurricanes h there is a beginning, a middle and an end. the fact is what sandy did or seems to have done is to take the idea of climate change from an abstraction, something that scientists and experts debated, to something that millions of people along the east coast and in manhattan and staten island and the other boroughs in new...
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Nov 8, 2012
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the republican party as defined has some issues that are dragging it and, third, there was hurricane sandy. what which of these theories do you think are accurate? >> well, wherever anyone loses there are people who say it's the candidates' fault, it's never the strategists fault, it's never the people's fault, it's always the candidates' fault. mitt romney had a difficult primary process. he came through it. therefore he was a better candidate than the other six or eight people that ran in that race. but he did struggle. i do think there are a number of points after the primaries where you didn't quite understand exactly what that came -- campaign was about. so they didn't really get their legs. not only -- not only did they seem to get their legs-- in hindsight it didn't have as much of an impact as much as the media made-- was that debate. i think there are things about that party, especially since 2010, that have really stressed them as far as their ability to be -- go beyond a very small base. as we've had demographic changes cultural changes they've not been able to adapt, so far, or
the republican party as defined has some issues that are dragging it and, third, there was hurricane sandy. what which of these theories do you think are accurate? >> well, wherever anyone loses there are people who say it's the candidates' fault, it's never the strategists fault, it's never the people's fault, it's always the candidates' fault. mitt romney had a difficult primary process. he came through it. therefore he was a better candidate than the other six or eight people that ran...
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Dec 21, 2012
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the people of newtown, connecticut endured a fourth day of funerals for the mass shooting victims at sandy hook elementary school. police escorted processions of mourners as five more children and a teacher were laid to rest. services are also scheduled tomorrow and into the weekend. meanwhile in washington, vice president joe biden met with cabinet and law enforcement officials to discuss ways of reducing gun violence. later, attorney general eric holder headed to newtown to meet with those investigating the shootings. the first major winter storm of the season moved across the midwest today and began taking a toll on holiday travelers. blizzard warnings stretched from kansas to wisconsin as the weather system pushed eastward. it has already dumped a foot of snow in some areas, driven by powerful winds. in turn, some of the nation's busiest airports are reporting hundreds of flight delays and cancellations. the countdown to the end of the world was on today, at least in some places. it's based on a reading of the mayan calendar that says a final cataclysm will strike, tomorrow. we have a
the people of newtown, connecticut endured a fourth day of funerals for the mass shooting victims at sandy hook elementary school. police escorted processions of mourners as five more children and a teacher were laid to rest. services are also scheduled tomorrow and into the weekend. meanwhile in washington, vice president joe biden met with cabinet and law enforcement officials to discuss ways of reducing gun violence. later, attorney general eric holder headed to newtown to meet with those...
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Dec 6, 2012
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one-stop shopping, and that mold has been called into question, not least by the architect of this model, sandy wiel, saying we should break up the big banks. gwen, i think it tells us more about the end of the era of kind of this force conglomeration of bank where's bigger is naturally better. you have seen, obviously, too big to fail banks become too bigger to fail, such as j.p.morgan, or wells fargo which bought wachovia. but there are others who find they can't hit their stride with the asset they say accummed a decade ago. >> ifill: what we're watching happening at citigroup. does that make them an outlier or a sign of things to come? >> i think it's a little bit of both. citigroup, let's not forget, had to go in for two rounds of bailout money. there was even scuttlebut that the white house suggested this was a bank that should fail, that it was beyond rescue. it still has $1 fent billion of bad seeftz its sheets it's looking to get rid of. there are no easy answers for it. there is no overnight turnaround. and at the same time, it's a public company and shareholders are saying, "show me
one-stop shopping, and that mold has been called into question, not least by the architect of this model, sandy wiel, saying we should break up the big banks. gwen, i think it tells us more about the end of the era of kind of this force conglomeration of bank where's bigger is naturally better. you have seen, obviously, too big to fail banks become too bigger to fail, such as j.p.morgan, or wells fargo which bought wachovia. but there are others who find they can't hit their stride with the...
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Dec 12, 2012
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music legends takes the stage tonight in new york, raising money for those hit hardest by hurricane sandy. the program for the "12-12-12" concert includes paul mccartney, bruce springsteen, the rolling stones, kanye west and alicia keys, among many others. the concert and telethon could reach two billion people on radio and t.v., in movie theaters and on facebook and even digital billboards. those are some of the day's major stories. now, back to judy. >> woodruff: negotiators signaled publicly today that there had been little progress in reaching a deal to avert the fiscal cliff with 19 days to go until a year-end deadline. >> i remain the most optimistic person in this town. but we've got some serious differences. >> woodruff: that downbeat assessment from house speaker john boehner came after he and president obama traded fresh offers this week. >> we spoke honestly and openly about the differences we face. but, the president's calling for $1.4 trillion worth of revenue. that cannot pass the house or the senate. >> woodruff: the president originally sought $1.6 trillion in revenue over
music legends takes the stage tonight in new york, raising money for those hit hardest by hurricane sandy. the program for the "12-12-12" concert includes paul mccartney, bruce springsteen, the rolling stones, kanye west and alicia keys, among many others. the concert and telethon could reach two billion people on radio and t.v., in movie theaters and on facebook and even digital billboards. those are some of the day's major stories. now, back to judy. >> woodruff: negotiators...
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i thought sandy helped. i think the country was ready to look for an alternative. the numbers all showed that. they never saw the alternative in mitt romney. i think part of that was the auto bailout in ohio and the early ads. >> ifill: what does it say about mitt romney's future? he ran for president four years ago. didn't make it out of the primaries. ran for president this time. gritted it out and won the primary nomination. this time he doesn't win. does he have a future in politics? >> no. woodruff: i think his... no. woodruff: he said this was the last. >> i think he could be proud. the last six weeks of the campaign were really done well. he began to give really good speeches. i think he can be proud in general maybe not the whole campaign especially during the primary season. but i think he finished well. >> the republicans would nominate ronald reagan at the age of 69 which mitt ro romney will be in 2016 because he had been the leader of the movement within the party. he had been the leader, he put the face, the voice and really the spirit of the entire co
i thought sandy helped. i think the country was ready to look for an alternative. the numbers all showed that. they never saw the alternative in mitt romney. i think part of that was the auto bailout in ohio and the early ads. >> ifill: what does it say about mitt romney's future? he ran for president four years ago. didn't make it out of the primaries. ran for president this time. gritted it out and won the primary nomination. this time he doesn't win. does he have a future in politics?...